Hedge Fund Industry is Poised to Grow Even More in 2015
With an increase of capital being managed by hedge fund, the industry is poised to grow even more in 2015, according to an article released by CNBC.
"Barring
a large and unexpected global or financial event, hedge funds are
positioned for another year of solid growth," industry data tracker
eVestment wrote in a new report.
The
company predicts that investors will add about $100 billion or more to
hedge funds in 2015, about the same as the $112 billion they added in
2014 to push assets to a record of about $3 trillion.
The
new money is mostly coming from big institutions, such as public
pensions, university endowments and charitable foundations. Such
investors are looking to so-called alternative investments like hedge
and private equity funds to diversify their exposure away from already
soaring stocks and low-yielding bonds.
While
there are about 10,000 hedge funds, the main beneficiaries will likely
be large firms that already dominate, like Ray Dalio's Bridgewater
Associates, Dan Och's Och-Ziff Capital Management Group and Cliff
Asness' AQR Capital Management.
Source: CNBC
